“You’re Banned!” – Hungary To Ban Rothschild Banks

A long-running dispute between Hungary and the International Monetary Fund escalated on Monday when the head of the country’s central bank called on the IMF to close its office in Budapest, saying it was no longer needed.

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By Nerti U. Qatja@VOP_Today


According to Spiegel Online – Relations between the government of Hungarian Prime Minister Viktor Orbán and the International Monetary Fund have never been especially good. Now they have hit rock bottom.

Orbán’s former economy minister and current central bank governor, Gyorgy Matolcsy, wrote a letter to IMF Managing Director Christine Lagarde on Monday calling on the fund to close its representative office in Budapest as it was “not necessary to maintain” it any longer.

Hungary owes its economic survival to the IMF. When the country was caught up in the global financial crisis in 2008, the fund and the EU came to the rescue with a €20 billion ($26 billion) loan. At the time, Orbán’s predecessor was in office.

Ever since Orbán became prime minister in 2010, Hungary has had trouble with international institutions. His government pushed through a new constitution and many laws that curtailed democracy, the powers of the constitutional court, the justice system and press freedoms. The EU responded by launching several proceedings against Hungary for breaching EU treaties.

In early July, the European Parliament passed a resolution calling on Hungary to repeal the “anti-democratic changes.” Orbán angrily dismissed the demands as “Soviet-style” meddling.

Hungary Says Will Repay IMF Loan This Year

Under Orbán, all negotiations with the IMF about fresh aid have failed. On Monday, central bank chief Matolcsy said the country didn’t need the IMF’s money and that Hungary would repay the 2008 loan in full by the end of this year.

He said the government had succeeded in pushing its budget deficit below the EU ceiling of 3 percent of GDP and had reduced government debt.

Matolcsy is the architect of Orbán’s unorthodox economic policy which is based on imposing heavy special taxes on large companies. He became central bank governor four months ago.

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The Hungarian economy shrank by 1.7 percent last year. The EU Commission expects it to return to weak growth in 2013. The budget deficit is expected to rise again, back up to 3 percent of GDP.

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Record: The World Is $152 TRILLION in Debt – IMF

Calculation of burden highlights challenge of boosting growth.

The world is $152tn in the red — a record-breaking level of debt, according to the International Monetary Fund.

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By Nerti U. Qatja@VOP_Today


Today FT reports: The figure, more than two times the size of the global economy, comes from the fund’s latest Fiscal Monitor and is, officials claim, the most accurate measure of the world’s debt burden ever calculated.

“Global debt is at record highs and rising,” said Vitor Gaspar, director of fiscal affairs at the fund.

The figures highlight the apparent paradox between ultra-low interest rates imposed by many central banks in an attempt to encourage borrowing and boost sluggish economies, and the dangers that arise from excessive debt levels.

While the IMF did not call for rapid prepayment of debt, it warned that in some countries the unprecedented level of borrowing by companies was too high.

“Excessive private debt is a major headwind against the global recovery and a risk to financial stability,” said Mr Gaspar. “The Fiscal Monitor shows that rapid increases in private debt often end up in financial crises. Financial recessions are longer and deeper than normal recessions.”

Levels of borrowing have substantially outpaced global growth in recent years, rising from 200 per cent of gross domestic product in 2002 to 225 per cent last year.

While two-thirds of the debt is held by the private sector, governments’ borrowing requirements have also ballooned since the global financial crisis.

Nevertheless, officials at the fund — which is holding its annual meetings with the World Bank in Washington this week — want governments to act to boost growth.

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Calls for what are often dubbed “growth-friendly fiscal policies” have grown from the IMF and other multilateral institutions as concern has mounted that the world’s central banks have been left with too much of the burden to lift the global economy.

Mr Gaspar emphasised that debt levels were not high everywhere. “The sharp diversity across countries is a reminder of the need to tailor policy diagnosis and prescription to the specific conditions prevailing in each country,” he said.

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Most of the debt is concentrated in the world’s richest economies, although China has markedly increased borrowing in recent years. While low income countries have relatively low levels of debt, many have sharply increased borrowing in recent years.

The fund also said that companies would help raise growth if they shrank their balance sheets by reducing their size, although it acknowledged the process would take time.

He added that countries entering a financial recession with a weak fiscal position were likely to lose more growth than countries that manage to counter shocks by spending more.

Central banks have cut interest rates to all-time lows and engaged in mass bond buying in response to the global financial crisis. Although most economists think their actions have helped, there is also a broad consensus that the economy will remain below par unless governments do more.

The debt burden figure is based on data collected by the IMF and the Bank for International Settlements from 113 countries, which together make up more than 94 per cent of global GDP. Fund officials have worked on the project over the past year.

BOOM! Complete List of Banks Owned By The Rothschilds… Your Bank Is Here!

What’s the significance of having a central bank within a country and why should you concern yourself, your family and colleagues?

Central banks are illegally created PRIVATE banks that are owned by the Rothschild banking family.

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By Nerti U. Qatja@VOP_Today – Source: neonnettle.com


The family has been around for more than 230 years and has slithered its way into each country on this planet, threatened every world leader and their governments and cabinets with physical and economic death and destruction, and then emplaced their own people in these central banks to control and manage each country’s pocketbook.

Worse, the Rothschilds also control the machinations of each government at the macro level, not concerning themselves with the daily vicissitudes of our individual personal lives. Except when we get too far out of line.

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The grand plan of The First Sphere of Influence is to create a global mononation. Please do not confuse this with the term globalization. Mononation and globalization couldn’t be more different in concept, scope and purpose. Mononation is one state. It has one government. One set of laws for all ordinary citizens, no laws for the elite. Globalization refers to communicating, trading, interacting, etc. among separate, different, independent, sovereign countries.

The grand plan of The First Sphere of Influence is to create a global mononation.

Our own Federal Reserve is an illegally emplaced private bank that is directly responsible for creating all the US’s depressions, recessions, and the inflation and deflation of our dollar. The Fed controls the printing of our own currency, and then charges the US government interest on those loans. The interest is growing each year, making it difficult if not impossible for our government to pay it. How do we pay this interest? By the US Personal Income Tax. This tax goes to the Rothschild family.

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In the coming months, as I continue to gather intel and write a book about The First Sphere of Influence, I will share more and more. For now, I kindly ask that you read each of the 165 lines below. One hundred and sixty-five reasons to believe my intel. You can click on each bank and visit its website. I’ve seen each one. They’re real. And they’re one of the reasons why each country is in such deep debt to this insidious family, the Rothschilds.

By the way, if you’re curious what the US debt is to the BIS, please refer to the table at the end of this article, taken from the latest statistical results provided by the Joint External Debt Hub, which receives data from the BIS, International Monetary Fund, World Bank, and the Organization for Economic Cooperation and Development.

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Want to know what banks they actually own? Here is the complete list:

Afghanistan: Bank of Afghanistan
Albania: Bank of Albania
Algeria: Bank of Algeria
Argentina: Central Bank of Argentina
Armenia: Central Bank of Armenia
Aruba: Central Bank of Aruba
Australia: Reserve Bank of Australia
Austria: Austrian National Bank
Azerbaijan: Central Bank of Azerbaijan Republic
Bahamas: Central Bank of The Bahamas
Bahrain: Central Bank of Bahrain
Bangladesh: Bangladesh Bank
Barbados: Central Bank of Barbados
Belarus: National Bank of the Republic of Belarus
Belgium: National Bank of Belgium
Belize: Central Bank of Belize
Benin: Central Bank of West African States (BCEAO)
Bermuda: Bermuda Monetary Authority
Bhutan: Royal Monetary Authority of Bhutan
Bolivia: Central Bank of Bolivia
Bosnia: Central Bank of Bosnia and Herzegovina
Botswana: Bank of Botswana
Brazil: Central Bank of Brazil
Bulgaria: Bulgarian National Bank
Burkina Faso: Central Bank of West African States (BCEAO)
Burundi: Bank of the Republic of Burundi
Cambodia: National Bank of Cambodia
Came Roon: Bank of Central African States
Canada: Bank of Canada – Banque du Canada
Cayman Islands: Cayman Islands Monetary Authority
Central African Republic: Bank of Central African States
Chad: Bank of Central African States
Chile: Central Bank of Chile
China: The People’s Bank of China
Colombia: Bank of the Republic
Comoros: Central Bank of Comoros
Congo: Bank of Central African States
Costa Rica: Central Bank of Costa Rica
Côte d’Ivoire: Central Bank of West African States (BCEAO)
Croatia: Croatian National Bank
Cuba: Central Bank of Cuba
Cyprus: Central Bank of Cyprus
Czech Republic: Czech National Bank
Denmark: National Bank of Denmark
Dominican Republic: Central Bank of the Dominican Republic
East Caribbean area: Eastern Caribbean Central Bank
Ecuador: Central Bank of Ecuador
Egypt: Central Bank of Egypt
El Salvador: Central Reserve Bank of El Salvador
Equatorial Guinea: Bank of Central African States
Estonia: Bank of Estonia
Ethiopia: National Bank of Ethiopia
European Union: European Central Bank
Fiji: Reserve Bank of Fiji
Finland: Bank of Finland
France: Bank of France
Gabon: Bank of Central African States
The Gambia: Central Bank of The Gambia
Georgia: National Bank of Georgia
Germany: Deutsche Bundesbank
Ghana: Bank of Ghana
Greece: Bank of Greece
Guatemala: Bank of Guatemala
Guinea Bissau: Central Bank of West African States (BCEAO)
Guyana: Bank of Guyana
Haiti: Central Bank of Haiti
Honduras: Central Bank of Honduras
Hong Kong: Hong Kong Monetary Authority
Hungary: Magyar Nemzeti Bank
Iceland: Central Bank of Iceland
India: Reserve Bank of India
Indonesia: Bank Indonesia
Iran: The Central Bank of the Islamic Republic of Iran
Iraq: Central Bank of Iraq
Ireland: Central Bank and Financial Services Authority of Ireland
Israel: Bank of Israel
Italy: Bank of Italy
Jamaica: Bank of Jamaica
Japan: Bank of Japan
Jordan: Central Bank of Jordan
Kazakhstan: National Bank of Kazakhstan
Kenya: Central Bank of Kenya
Korea: Bank of Korea
Kuwait: Central Bank of Kuwait
Kyrgyzstan: National Bank of the Kyrgyz Republic
Latvia: Bank of Latvia
Lebanon: Central Bank of Lebanon
Lesotho: Central Bank of Lesotho
Libya: Central Bank of Libya (Their most recent conquest)
Uruguay: Central Bank of Uruguay
Lithuania: Bank of Lithuania
Luxembourg: Central Bank of Luxembourg
Macao: Monetary Authority of Macao
Macedonia: National Bank of the Republic of Macedonia
Madagascar: Central Bank of Madagascar
Malawi: Reserve Bank of Malawi
Malaysia: Central Bank of Malaysia
Mali: Central Bank of West African States (BCEAO)
Malta: Central Bank of Malta
Mauritius: Bank of Mauritius
Mexico: Bank of Mexico
Moldova: National Bank of Moldova
Mongolia: Bank of Mongolia
Montenegro: Central Bank of Montenegro
Morocco: Bank of Morocco
Mozambique: Bank of Mozambique
Namibia: Bank of Namibia
Nepal: Central Bank of Nepal
Netherlands: Netherlands Bank
Netherlands Antilles: Bank of the Netherlands Antilles
New Zealand: Reserve Bank of New Zealand
Nicaragua: Central Bank of Nicaragua
Niger: Central Bank of West African States (BCEAO)
Nigeria: Central Bank of Nigeria
Norway: Central Bank of Norway
Oman: Central Bank of Oman
Pakistan: State Bank of Pakistan
Papua New Guinea: Bank of Papua New Guinea
Paraguay: Central Bank of Paraguay
Peru: Central Reserve Bank of Peru
Philip Pines: Bangko Sentral ng Pilipinas
Poland: National Bank of Poland
Portugal: Bank of Portugal
Qatar: Qatar Central Bank
Romania: National Bank of Romania
Russia: Central Bank of Russia
Rwanda: National Bank of Rwanda
San Marino: Central Bank of the Republic of San Marino
Samoa: Central Bank of Samoa
Saudi Arabia: Saudi Arabian Monetary Agency
Senegal: Central Bank of West African States (BCEAO)
Serbia: National Bank of Serbia
Seychelles: Central Bank of Seychelles
Sierra Leone: Bank of Sierra Leone
Singapore: Monetary Authority of Singapore
Slovakia: National Bank of Slovakia
Slovenia: Bank of Slovenia
Solomon Islands: Central Bank of Solomon Islands
South Africa: South African Reserve Bank
Spain: Bank of Spain
Sri Lanka: Central Bank of Sri Lanka
Sudan: Bank of Sudan
Surinam: Central Bank of Suriname
Swaziland: The Central Bank of Swaziland
Sweden: Sveriges Riksbank
Switzerland: Swiss National Bank
Tajikistan: National Bank of Tajikistan
Tanzania: Bank of Tanzania
Thailand: Bank of Thailand
Togo: Central Bank of West African States (BCEAO)
Tonga: National Reserve Bank of Tonga
Trinidad and Tobago: Central Bank of Trinidad and Tobago
Tunisia: Central Bank of Tunisia
Turkey: Central Bank of the Republic of Turkey
Uganda: Bank of Uganda
Ukraine: National Bank of Ukraine
United Arab Emirates: Central Bank of United Arab Emirates
United Kingdom: Bank of England
United States: Federal Reserve, Federal Reserve Bank of New York
Vanuatu: Reserve Bank of Vanuatu
Venezuela: Central Bank of Venezuela
Vietnam: The State Bank of Vietnam
Yemen: Central Bank of Yemen
Zambia: Bank of Zambia
Zimbabwe: Reserve Bank of Zimbabwe

According to humanfree: Virtually unknown to the general public is the fact that the US Federal Reserve is a privately owned company, siting on its very own patch of land, immune to the US laws.

This privately owned company (controlled by the Rothschilds, Rockefellers and Morgans) prints the money FOR the US Government, which pays them interest for the “favor.” This means that if we would reset the nation’s debt today and would begin reprinting money, we would be in debt to the FED from the very first dollar loaned to our Government.

Also, most people living in the USA have no clue that the Internal Revenue Service (IRS) is a foreign agency.

To be more accurate, the IRS is a foreign private corporation of the International Monetary Fund (IMF) and is the private “army” of the Federal Reserve (Fed).

Its main goal is to make sure the American people pay their tax and be good little slaves.

In 1835, US President Andrew Jackson declared his disdain for the international bankers:

“You are a den of vipers. I intend to rout you out, and by the Eternal God I will rout you out. If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.”
There followed an (unsuccessful) assassination attempt on President Jackson’s life. Jackson had told his vice president, Martin Van Buren:
“The bank, Mr. Van Buren, is trying to kill me.”
This was the beginning of a pattern of intrigue that would plague the White House itself over the coming decades. Both Lincoln and JFK have been murdered for trying to rid the country of banksters.

The world’s Megabanks

There are two Megabanks that offer loans to all the countries around the planet, the World Bank and the IMF. The first one is jointly owned by the world’s top banking families, with the Rothschilds at the very top, while the second one is privately owned by the Rothschilds alone.

These two Megabanks offer loans to “developing countries” and use their almost impossible-to-pay-back interests to get their hands on the real wealth: land and precious metals.

But that’s not all! An important part of their plan is to also exploit a country’s natural resources (like petrol or gas) via their covertly-owned companies, refine them, and sell them back to the same country, making a huge profit.

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But in order for these companies to operate optimally, they need a solid infrastructure, which is usually lacking in the so called “developing countries.” So before the banksters even offer the almost impossible-to-pay-back loans, they make sure that most of the money will be invested in — you’ve guessed it — infrastructure.

These “negotiations” are carried out by the so called “Economic Hitmen”, who succeed by handsomely rewarding (i.e. bribing) or threatening with death those who are in the position to sell away their country.

For more information on the subject, I suggest reading the Confessions of an Economic Hitman.

The one bank that rules them all, the “Bank for International Settlement,” is — obviously — controlled by the Rothschilds and it is nicknamed the “Tower of Basel.”

The true power of the Rothschilds goes FAR beyond the Banking Empire

If you are not yet amazed by the power of the Rothschilds (I know you are), please know that they are also behind all wars since Napoleon. That’s when they’ve discovered just how profitable it is to finance both sides of a war and they’ve been doing it ever since.

In 1849, Guttle Schnapper, the wife of Mayer Amschel stated:
“If my sons did not want wars, there would be none.”
So, the world is still at war because it is very, very profitable to the Rothschilds and their parasite bankster bloodlines. And for as long as we will continue to use money, the world will never know peace.

It is shocking for many to find out that the United States of America is a corporation ruled from abroad. Its original name was the Virginia Company and it was owned by the British Crown (it should not be mistaken for the Queen, which functions largely in a ceremonial capacity only).

The British Crown donated the company to the Vatican, which gave the exploitation rights back to the Crown. The US Presidents are appointed CEOs and their business is to make money for the British Crown and the Vatican, who take their share of the profits every year.

The British Crown covertly rules the world from the 677-acre, independent sovereign state, know as The City of London. This other Crown is comprised of a committee of 12 banks headed by the Bank of England. Guess who is controlling the Bank of England? Yes, the Rothschilds!

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In 1815, Nathan Mayer made the following statement:
“I care not what puppet is placed upon the throne of England to rule the Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.”

The House of Rothschild is really at the top of the pyramid of power. They are behind the New World Order and the complete domination of the world agenda. They are behind the European Union and the Euro and they are behind the idea of a North American Union and the Amero. They are controlling all of the world’s secret services and their private army is NATO.

62 Members Of The Elite Have As Much Money As The Poorest 3.6 Billion People On The Entire Planet

Did you know that the top 1% has more wealth than the rest of the planet combined? And just 62 ultra-wealthy members of the elite have as much money as the poorest 3.5 billion people on the entire planet. These brand new numbers come from a shocking report that was just put out by Oxfam, and they show that income inequality continues to grow at a very rapid pace all over the world.

By Nerti U. Qatja@VOP_Today


As you will see below, the total wealth of the poorest half of the global population has plunged by 41 percent since 2010 while the wealth of the elite has continued to surge upward. The debt-based financial system that now has the entire planet in its grip funnels wealth to the very top, and the global elite are more than happy to hoard as much of it as they possibly can.

In our world, money is power, and the elite are continually becoming more powerful. The following comes from the Independent, and I think that these numbers truly speak for themselves…

Wealth inequality has grown to the stage where 62 of the world’s richest people own as much as the poorest half of humanity combined, according to a new report.

The research, conducted by the charity Oxfam, found that the wealth of the poorest half of the world’s population – 3.6 billion people – has fallen by 41 percent, or a trillion US dollars, since 2010.

While this group has become poorer, the wealth of the richest 62 people on the planet has increased by more than half a trillion dollars to $1.76 trillion.

Back in 2010, 388 members of the elite had as much wealth as the poorest half of humanity. But since then that number has been steadily falling and now it is down to just 62. At this pace, Oxfam is projecting that in just a few years a single person will have as much money as the poorest half of the global population combined.

As I mentioned above, a big reason for this trend is the financialization of the global economy. All over the world, governments, businesses and individuals have been trained to binge on debt, and all of this debt is systematically impoverishing us. Whenever we borrow money, we always have to pay back more than we borrow, and this funnels wealth to the very top of the pyramid.

Since the last financial crisis, the total amount of debt in the world has absolutely exploded. At this point it is sitting at more than 200 trillion dollars, and all of that debt enriches the ruling class. The more money they get, the more they are able to impose their will on the rest of us, and that is not a good thing.

You may think that you can change your destiny at the ballot box, but history has shown that this is a rather fruitless exercise. The candidate with the most money almost always wins, and so the elite just buy and sell politicians like trading cards. And most politicians are members of the elite anyway. In the end, it is very rare to see a true “outsider” have any sort of sustained success in the political arena.

Unfortunately for the elite, the massive global financial bubble they have created is beginning to burst, and this could have very serious consequences for them. As USA Today is reporting, many of the elite are in a rather glum mood as they gather in Davos, Switzerland for their yearly confab…

Among the elite 2,500 executives and world leaders slouching toward Davos by train, Mercedes limo and helicopter this year, there is a single, depressing refrain — at least it’s not 2008.

There’s nothing to focus the mind of the collective corporate aristocracy like a markets crisis, and January 2016 hasn’t failed to deliver. While European markets were stable Monday after last week’s brutal sell-off, oil continued to fall as Iran prepares to dump 500,000, sanction-free barrels a day on world markets.

I talked about the nightmarish oil crash that we are witnessing in my latest articleon The Economic Collapse Blog. This oil crash has pushed markets all over the world into bear market territory, and panic is spreading like wildfire. The following list from Wolf Richter shows just some of the major stock markets that have now fallen more than 20 percent from the peak…

France: -20.6 percent

Germany: -23.3 percent

Sweden: -24.0 percent

Singapore: -27.0 percent

Canada: -27.5 percent

Spain: -28.5 percent

Hong Kong: -32.7 percent

Brazil: -37.5 percent

China (Shanghai Composite): -43.7 percent

Italy: -45.1 percent

Saudi Arabia: -50.4 percent

If the damage stopped here, it would still be a major crisis. But at this point there are many analysts that are forecasting that this new crisis will ultimately turn out to be far worse than what we experienced in 2008. One of those analysts is Albert Edwards of Societe Generale

Albert Edwards, an analyst from french bank Societe Generale, predicts global deflation is going to wipe out 75 percent of the value from the S&P 500.

Edwards’ warning comes on the heels of last weeks drastic and ongoing devaluation of the Chinese currency, tanking oil prices, and major stock selloffs throughout the worlds markets.

In his stark investment note to clients Friday, Edwards blamed the present market turbulence on the Federal Reserve and its British and European central bank counterparts for introducing Quantitative Easing (QE) schemes to their markets, which first began the inflation in prices globally.

If Albert Edwards is right and we do see a 75 percent decline of the S&P 500, the global economy will plunge into a full-blown depression. Big financial institutions will implode left and right, and we will experience a “credit crunch” far greater than what we witnessed in 2008 and 2009. The banks that survive won’t want to lend to one another or to anyone else, and economic activity will grind to a standstill.

What that will mean for ordinary people is this – millions of jobs will be lost and millions of families will no longer be able to pay their bills. Poverty and homelessness will absolutely explode, and economic despair will be everywhere.

The elite will suffer too, but it is during times of great crisis that the elite make their boldest moves. They love to create order out of chaos, and they love to offer us “solutions” for problems that they originally had a hand in creating.

As bad as things are right now, the truth is that they are about to get a lot worse. And the eventual “solutions” that we will be offered will inevitably result in even more power and more money ending up in their hands.

The game is rigged and the elite are running the show.

But when the wheels of the bus come off this time, will the elite be able to retain control?

Only time will tell…

You Can Rent a House Here For Only €0.88 a Year…

The residents of Fuggerei pay only 88 cents per year, along with three required daily prayers.

By Anthony Von Dari@VOP Today


It’s been seven years since Fuggerei was in the news. That was when the Wall Street Journal paid a visit to the historic German village. But the strange town is still just as interesting today.

It’s here where 142 residents live in a gated community within the city of Augsburg, where praying three times a day is a requirement and the gates are locked promptly at 10 pm. The cost to live in one of the 67 homes or 147 apartments in the little village? 88 euro cents a year, or about a single U.S. dollar.

That’s right, one dollar. For an entire year of rent.

When the Fuggerei was established by a wealthy banker, Jakob Fugger the Rich, in 1520, he intended for it to become a housing complex open to the needy and poor living nearby in Augsburg, Germany. That tradition continues today, with the only other requirements for living in the complex being a demonstrated faith in the Catholic Church, and a proven residency in Augsburg for at least two years.

Jakob the Rich set up a charitable trust in order to bankroll the Fuggerei, a trust that still finances the village. Although, the Wall Street Journal notes it only sees returns of about 0.5% to 2% each year. Tourists also bring in some money for the village, as visitors are welcome to tour the neighborhood for themselves with the purchase of a €4 euro ticket, as long as they demonstrate respect for the town and its residents.

And although visitors are not allowed to enter any of the 50- to 700-square-foot residences currently occupied, the Fuggerei maintains a model unit so visitors can get a feel for the homes that have provided solace for 495 years.

Take a closer look at the village in the photos below.


Leaked: Saudi King Financed Netanyahu’s 2015 Election Bid

A member of Israel’s Knesset (parliament) has revealed that Saudi King Salman bin Abdulaziz Al Saud helped finance the election campaign of Israeli Prime Minister Benjamin Netanyahu in 2015.

By Anthony Von Dari@VOP Today


(PressTV) Citing a massive leak of confidential documents dubbed the “Panama Papers,” Isaac Herzog, who is the chairman of the Israeli Labor party said, “In March 2015, King Salman has deposited eighty million dollars to support Netanyahu’s campaign via a Syrian-Spanish person named Mohamed Eyad Kayali.”

Panama Papers, which detail the offshore wealth of politicians and public figures across the globe, exposed more than 11.5 million financial and legal records earlier in April.

“The money was deposited to a company’s account in British Virgin Islands owned by Teddy Sagi, an Israeli billionaire and businessman, who has allocated the money to fund the campaign [of] Israeli Prime Minister Benjamin Netanyahu,” the lawmaker said.

In the recent past, Netanyahu has on several occasions talked of a budding relationship between Israel and Arab countries.

In March, Netanyahu said Israel’s relations with regional Arab countries are “dramatically warming” in what analysts said was an acknowledgement of behind-the-scenes ties.

Moshe Ya’alon, Israel’s minister of military affairs, in February pointed to open channels between the regime and Arab states.

Ya’alon said he was unable to shake hands with Arab officials in public due to the “sensitive” political realities.

The Israeli minister later publicly shook the hand of Saudi Prince Turki bin Faisal al-Saud, who himself has openly met with a number of Israeli officials in the past.

Israel has covert ties with Arab states despite their claims that they would normalize relations with Tel Aviv only when it reaches a deal with the Palestinians. This is while the two sides “can meet in closed rooms,” according to Ya’alon.

Last month, the Jerusalem Post wrote that “rather than being isolated, Israel is being incorporated into the Saudi-led orbit.”

“Part of this includes the opening of a mission in Abu Dhabi and increasing contacts in the [Persian] Gulf States,” it said.

A former general in the Saudi military has also said recently that the kingdom would open an embassy in Tel Aviv if Israel accepted an Arab initiative to end the Israeli-Palestinian conflict.

Riyadh also maintains secret military ties with the Tel Aviv regime.

In April, Sheikh Naim Qassem, the deputy secretary general of Lebanon’s Hezbollah resistance movement, said Israel was training Saudi military forces under the framework of clandestine relations.

Dozens of Saudi military officers were being trained following secret contacts that led to military cooperation, he said.

“The Saudis are currently fulfilling the cycle of the Israeli project in public and secret meetings,” he added.